Akar Auto Industries Ltd - Stock Valuation and Financial Performance

BSE: 530621 | NSE: | Auto Ancillary | Small Cap

Akar Auto Industries Share Price

103.35 -3.65 -3.41%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Akar Auto Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Akar Auto Industries stock performance -

mw4me loader
P/E Ratio (SA):
18.44
Market Cap:
115.4 Cr.
52-wk low:
87.8
52-wk high:
169.7

Is Akar Auto Industries Ltd an attractive stock to invest in?

1. Is Akar Auto Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Akar Auto Industries Ltd is a average quality company.

2. Is Akar Auto Industries Ltd undervalued or overvalued?

The key valuation ratios of Akar Auto Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Akar Auto Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Akar Auto Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Akar Auto Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Akar Auto Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.8%14.8%15%16.6%15.3%5.4%6%14.7%17.6%17.3%-
Value Creation
Index
-0.10.10.10.20.1-0.6-0.60.10.30.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 159185190242278199188270367374379
Sales YoY Gr.-15.9%2.8%27.6%14.8%-28.4%-5.4%43.8%35.8%1.8%-
Adj EPS 0.61.72.23.95.2-2.8-2.66.56.45.15.8
YoY Gr.-198.3%28.2%79.4%34%-154.2%NANA-1.9%-20.2%-
BVPS (₹) 22.123.223.725.93026.523.730.136.741.244.4
Adj Net
Profit
0.61.82.44.25.7-3.1-2.876.95.56
Cash Flow from Ops. 60.812.38.77.414.40.315.524.69.9-
Debt/CF from Ops. 5.854.34.26.68.94.63184.62.68.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.9%6.1%25.7%1.8%
Adj EPS 27.5%-0.6%NA-20.2%
BVPS7.2%6.6%20.2%12.4%
Share Price 21.8% 38.9% 45% -11.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2.57.59.315.818.7-10.1-10.524.219.113.113.6
Op. Profit
Mgn %
5.96.77.37.66.74.74.67.16.16.47.1
Net Profit
Mgn %
0.411.21.72-1.5-1.52.61.91.51.7
Debt to
Equity
1.51.8222.12.33.12.21.61.90.5
Working Cap
Days
16516115813813718920715712914679
Cash Conv.
Cycle
4755727780114131102747712

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.73%

Debt to equity has declined versus last 3 years average to 1.87

Return on Equity has declined versus last 3 years average to 13.60%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -0.44%

Latest Financials - Akar Auto Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 5.8 -
TTM Sales (₹ Cr.) 379 -
BVPS (₹.) 44.4 -
Reserves (₹ Cr.) 42 -
P/BV 2.41 -
PE 18.44 -
From the Market
52 Week Low / High (₹) 87.80 / 169.70
All Time Low / High (₹) 0.55 / 169.70
Market Cap (₹ Cr.) 115
Equity (₹ Cr.) 5.4
Face Value (₹) 5
Industry PE 51.1

Management X-Ray of Akar Auto Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *3.623.623.623.623.623.623.623.623.623.62
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Akar Auto Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales159185190242278199188270367374
Operating Expenses 150172176224259189179251345350
Manufacturing Costs31282937423129415255
Material Costs98121121155180121112164237232
Employee Cost 12131521252627323844
Other Costs 991011121111141820
Operating Profit 91214181899192224
Operating Profit Margin (%) 5.8%6.7%7.3%7.6%6.7%4.7%4.6%7.1%6.0%6.4%
Other Income 0000002100
Interest 677888881011
Depreciation 3334445444
Exceptional Items 100-1-100000
Profit Before Tax 23456-2-2789
Tax 1112111013
Profit After Tax 12235-3-3775
PAT Margin (%) 0.8%1.0%1.3%1.3%1.9%-1.5%-1.5%2.5%1.9%1.5%
Adjusted EPS (₹)1.11.72.33.04.8-2.8-2.66.46.45.1
Dividend Payout Ratio (%)31%29%24%19%11%0%0%4%8%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 24252628322926324044
Share Capital 5555555555
Reserves 18202023272320273439
Minority Interest0000000000
Debt34444955646372655978
Long Term Debt3111314242228252027
Short Term Debt31333540404244403951
Trade Payables50493540403739426470
Others Liabilities 881618161622192424
Total Liabilities 115126125140153144159159187216

Fixed Assets

Gross Block6063717783929594102120
Accumulated Depreciation30333640444853576165
Net Fixed Assets29303537394342384155
CWIP 0131400010
Investments 0000000000
Inventories47494854615969757989
Trade Receivables28353137383140354955
Cash Equivalents 1121232343
Others Assets91061088771413
Total Assets 115126125140153144159159187216

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 611297140152510
PBT 23456-2-2789
Adjustment 891012121211121415
Changes in Working Capital -3-11-0-7-97-8-24-13
Tax Paid 00-1-1-1-10-1-2-1
Cash Flow From Investing Activity 1-4-10-4-8-5-10-8-17
Capex -1-4-10-5-9-5-30-8-18
Net Investments 0000000000
Others 3000002100
Cash Flow From Financing Activity -73-2-41-91-15-167
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 083110-26-3-57
Interest Paid -6-7-7-8-8-8-8-8-10-11
Dividend Paid 00-1-1-1-1000-1
Others -1235022-4-111
Net Cash Flow 000101-1110
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)5.047.529.7311.9717.27-10.05-10.4823.6819.113.07
ROCE (%)12.7714.8215.0416.6115.265.355.9814.7317.6117.33
Asset Turnover Ratio1.551.681.651.861.891.341.241.72.121.85
PAT to CFO Conversion(x)60.5631.4N/AN/A2.143.572
Working Capital Days
Receivable Days54575950496368514251
Inventory Days9187857676111124977682
Payable Days15212810370669398716484

Akar Auto Industries Ltd Stock News

Akar Auto Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Akar Auto Industries on 21-Nov-2024 16:59 is ₹103.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Akar Auto Industries stood at ₹115.4.
The latest P/E ratio of Akar Auto Industries as of 21-Nov-2024 16:59 is 18.44.
The latest P/B ratio of Akar Auto Industries as of 21-Nov-2024 16:59 is 2.41.
The 52-week high of Akar Auto Industries is ₹169.7 and the 52-week low is ₹87.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Akar Auto Industries is ₹379.2 ( Cr.) .

About Akar Auto Industries Ltd

Akar Tools, an ISO 9001-2000 company, is the forward integrated enterprise of the R. L. Group of Industries. The company, situated at Waluj near Aurangabad, Maharashtra, manufactures and exports hi-quality precision engineered hand tools to Europe, USA, Japan, Australia and many other countries worldwide. Its commitment to quality is manifested in the GS certification from TUV (Rheinland) Safety Gmbh, Germany, awarded for its range of spanners besides the many other citations, awards and certificates it has received for excellence in producing quality products. Its sophisticated and state-of-the-art production facilities operates round the clock with a dedicated workforce of over 400 personnel manufacturing some of the most technologically superior hand tool products in the country.    Beginning with quality raw materials sourced from R. L. Steels, Akar Tools gives shape to the industrial dreams of the country.  Also, right from conceptualizing, designing and manufacturing these hi-end tool products. Akar Tools employs latest cutting edge technology at its state-of-the-art facility where Makino CNC machines, Collocate polishing machines, vibrators and other sophisticated machines are used to craft the most perfect hand tools. Akar Tools supplies to globally competitive markets like North America and Europe where its products meet the stringent ANSI and DIN quality standards with ease. This is because of the total commitment to continous quality improvements at every stage of the production process. Akar Tools is today a future ready company able to sustain its high growth rate and further add brand value to its products for the benefit of its customers.

Business areas of the company:

The company manufactures and exports hi-quality precision engineered hand tools to Europe, USA, Japan, Australia and many other countries worldwide.

Products:

• Spanners / Wrenches

• Carpenter / Striking tools

• Automotive / Construction tools

• Tool Aprons

• Packaging

• Electrical / Electronic tools

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.